Consumer and Business Spending on Carrier Ethernet Services Will Hit $5 Billion in 2012, But Spending Growth is Slowing, says Insight Research Corp

MOUNTAIN LAKES, N.J., July 16, 2012 (SEND2PRESS NEWSWIRE) — U.S. enterprises and consumers are expected to spend more than $47 billion over the next five years on Ethernet services provided by carriers, according to a new market research study from The INSIGHT Research Corporation. With metro-area and wide-area Ethernet services readily available from virtually all major data service providers, industry revenue is expected to grow from nearly $5 billion in 2012 to reach just over $11 billion by 2017.